Graniteshares 1x Short Coin Daily Etf ETF Forecast

Sell candidate since Aug 07, 2026

The Graniteshares 1x Short Coin Daily Etf ETF price fell by -11.04% on the last day (Friday, 7th Aug 2026) from $54.98 to $48.91. During the last trading day the ETF fluctuated 12.36% from a day low at $48.06 to a day high of $54.00. The price has been going up and down for this period, and there has been a -0.41% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -23 thousand shares and in total, 92 thousand shares were bought and sold for approximately $4.51 million.

The ETF lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 9.85% during the next 3 months and, with a 90% probability hold a price between $45.24 and $77.94 at the end of this 3-month period.

CONI Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Graniteshares 1x Short Coin Daily Etf ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $51.53 and $51.49. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 25, 2026, and so far it has fallen -27.94%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Graniteshares 1x Short Coin Daily Etf ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $41.42 and $40.45. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Graniteshares 1x Short Coin Daily Etf finds support just below today's level at $41.42. If this is broken, then the next support from accumulated volume will be at $40.45 and $39.80.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $5.94 between high and low, or 12.36%. For the last week, the ETF has had daily average volatility of 10.75%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CONI) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Graniteshares 1x Short Coin Daily Etf to open at $50.32, and during the day (based on 14 day Average True Range), to move between $45.94 and $51.88, which gives a possible trading interval of +/-$5.94 (+/-12.94%) up or down from last closing price. If Graniteshares 1x Short Coin Daily Etf takes out the full calculated possible swing range there will be an estimated 12.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $49.86 (1.94%) than the support at $41.42 (15.31%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Graniteshares 1x Short Coin Daily Etf ETF A Buy?

The Graniteshares 1x Short Coin Daily Etf ETF holds several negative signals and despite the positive trend, we believe Graniteshares 1x Short Coin Daily Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Sell candidate.

Current score: -4.505 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 10, 2026 - $50.32 ( 2.89%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk